Adani Enterprises becomes second-most valuable Adani Group firm

At 01:34 pm, Adani Enterprises was up 6.5 per cent at Rs 1,683.6, with a market capitalisation (market-cap) of Rs 1.85 trillion, the BSE data shows

Adani Enterprises has now become the second most valuable company among the Gautam Adani-led Adani Group of companies as the stock hit a new high of Rs 1,694 after rallying 7 per cent on the BSE on Friday in intra-day trade. The stock was trading higher for the fifth straight day and has rallied 30 per cent during the week, as compared to 1.5 per cent rise in the S&P BSE Sensex.

Adani Enterprises, the flagship of Adani Group, surpassed the other group company Adani Total Gas to become the second-most valuable of the Adani Group companies. At 01:34